Crews Bank & Trust Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Crews Bank & Trust bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, HoldingsChannel.com reports. The firm bought 969,010 shares of the company’s stock, valued at approximately $66,804,000. SPDR Portfolio S&P 500 ETF comprises approximately 11.3% of Crews Bank & Trust’s holdings, making the stock its biggest holding.

A number of other institutional investors have also recently made changes to their positions in SPLG. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares in the last quarter. Sumitomo Life Insurance Co. boosted its stake in SPDR Portfolio S&P 500 ETF by 50.1% during the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after buying an additional 2,550,000 shares during the last quarter. World Investment Advisors LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 908.3% in the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after buying an additional 1,526,942 shares in the last quarter. Gradient Investments LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after buying an additional 1,460,710 shares in the last quarter. Finally, Creative Planning increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.4 %

Shares of SPLG opened at $70.80 on Thursday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.80 and a 12-month high of $71.85. The firm has a market capitalization of $41.29 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm has a 50-day moving average price of $70.26 and a 200 day moving average price of $67.72.

About SPDR Portfolio S&P 500 ETF

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.